From Google: 2024-09-16 00:17:00

The Hang Seng Index dropped due to weak China data, while US stocks surged on hopes of a Fed rate cut. The index fell as investors cautiously awaited more information on the ongoing trade tensions between the US and China.
Investors are closely monitoring the latest developments in the US-China trade talks. Despite the Hang Seng Index slipping, US stocks rallied on expectations of a potential interest rate cut by the Federal Reserve. Economic data from both countries will play a crucial role in shaping market sentiment in the coming days.



Read more at Google: Hang Seng Index Slips on China Data as US Stocks Rally on Fed Rate Cut Bets – FX Empire